Market news feed

  1. Market Commentary thumbnail: Sensex, Nifty drop over 1 pc amid global equity rout; IT, metal shares

    Sensex, Nifty drop over 1 pc amid global equity rout; IT, metal shares

    Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. ... This report is auto-generated from PTI news service. ThePrint holds no

  2. Market Commentary thumbnail: Nifty closes below 23,850, Sensex plunges 893 points - Kalinga TV

    Nifty closes below 23,850, Sensex plunges 893 points - Kalinga TV

    Ponmudi R, CEO of Enrich Money, said, “Indian equity markets snapped their recent oil-driven rally and declined sharply alongside global peers as a broad

  3. Market Commentary thumbnail: Nifty Falls Below 23,850, Sensex Drops 893 Points - Kalinga TV

    Nifty Falls Below 23,850, Sensex Drops 893 Points - Kalinga TV

    Ponmudi R, CEO of Enrich Money, said, “Indian equity markets snapped their recent oil-driven rally and declined sharply alongside global peers as a broad

  4. Market Commentary thumbnail: Sensex, Nifty drop over 1 pc amid global equity rout - ThePrint

    Sensex, Nifty drop over 1 pc amid global equity rout - ThePrint

    Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. ... This report is auto-generated from PTI news service. ThePrint holds no

  5. Market Commentary thumbnail: Nifty closes below 23,850, Sensex plunges 893 points amid IT selloff

    Nifty closes below 23,850, Sensex plunges 893 points amid IT selloff

    Ponmudi R, CEO of Enrich Money, said, “Indian equity markets snapped their ... Latest News. China's top diplomat Wang Yi meets Russia's Shoigu in New

  6. Market Commentary thumbnail: Nifty closes below 23,850, Sensex plunges 893 points amid IT selloff

    Nifty closes below 23,850, Sensex plunges 893 points amid IT selloff

    Ponmudi R, CEO of Enrich Money, said, “Indian equity markets snapped their recent oil-driven rally and declined sharply alongside global peers as a broad

  7. Market Commentary thumbnail: From rally to rout: What sparked the sudden crash in Indian markets?

    From rally to rout: What sparked the sudden crash in Indian markets?

    GOOD NEWS; MOVIES. LIFESTYLE. VIDEOS. Business. From rally to rout ... Ponmudi R, CEO of Enrich Money, a SEBI - registered online trading and wealth tech firm

  8. Market Commentary thumbnail: Nifty closes below 23,850, Sensex plunges 893 points amid IT selloff

    Nifty closes below 23,850, Sensex plunges 893 points amid IT selloff

    Ponmudi R, CEO of Enrich Money, said, “Indian equity markets snapped their recent oil-driven rally and declined sharply alongside global peers as a broad

  9. Market Commentary thumbnail: Sensex, Nifty fall over 1 per cent amid global selloff - Telangana Today

    Sensex, Nifty fall over 1 per cent amid global selloff - Telangana Today

    monetary tightening added to investor caution and weighed on overall sentiment,” Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said

  10. Market Commentary thumbnail: Technical supply chain disruptions force USFDA to reach out to

    Technical supply chain disruptions force USFDA to reach out to

    Ponmudi R, CEO of Enrich Money told Business Today. Also Read: Aman Gupta ... News · US Food and Drug Administration (USFDA). Previous Post. Samsung

Today Forecast

Pre-Market Outlook

07:41 AM

Indian markets are expected to trade with a cautiously positive bias as diplomatic progress in the U.S.–Iran negotiations continues to support investor sentiment. Comments from the U.S. Vice President that there is a "good foundation" for finalising the proposed agreement have reinforced optimism that talks remain on a constructive path, bolstering hopes of a lasting resolution in the Middle East.
 
Brent crude continues to trade near the $74–75 per barrel range, providing a favourable backdrop for the Indian economy. The sustained softness in oil prices remains a key positive, helping strengthen the country's external balances, support growth prospects and alleviate cost pressures across the broader economy.
 
Investor attention will also be focused on the ongoing India–U.S. trade negotiations, with India seeking tariff concessions as part of efforts to finalise a bilateral trade agreement. U.S. Trade Representative Jamieson Greer is expected to visit India this week for discussions with Commerce Minister Piyush Goyal, with any progress likely to be viewed positively by markets given its potential to strengthen trade ties and support long-term economic growth.

 

Technical view

Nifty 50

Nifty 50 continues to trade with a constructive bias, holding firmly above its key support levels despite intermittent profit booking. From a technical perspective, the 24,200 level continues to act as the immediate resistance zone. A sustained breakout above this level would reinforce bullish momentum and could pave the way for a further advance towards the 24,400 region.
 
On the downside, the 24,000–23,900 region continues to serve as a crucial support zone. Holding above this range will be essential to preserve the prevailing recovery structure and maintain the positive undertone. However, a decisive break below 23,900 could trigger fresh profit booking and expose the index to further downside towards the 23,800 support region. Momentum indicators continue to support the positive bias, with the RSI hovering near the 60 mark, reflecting strengthening buying momentum and improving market participation. Overall, the near-term technical outlook remains constructively bullish. While the broader trend continues to favour the bulls, a sustained breakout above the 24,200 resistance level will be required to confirm stronger upside momentum and support the continuation of the ongoing recovery.

 

Bank Nifty

Bank Nifty continues to outperform the broader market and remains well positioned above its key support levels, reflecting sustained buying interest in the banking space. From a technical perspective, the 58,000 psychological mark continues to act as the immediate resistance level. A sustained breakout above this zone would strengthen bullish momentum and could extend the rally towards the 58,300–58,500 region, which remains the next significant upside target.
 
On the downside, a sustained break below the 57,700 level could trigger fresh profit booking and drag the index towards the 57,500–57,400 support region.  Overall, the near-term technical outlook remains cautiously bullish. As long as Bank Nifty sustains above its key support levels, the broader uptrend is likely to remain intact. However, a sustained breakout above the 58,000 resistance level will be required to confirm stronger upside momentum and support a move towards higher resistance levels.

Ponmudi R, CEO of Enrich Money

Today Nifty Outlook

NIFTY50

Today Bank Nifty Outlook

BANK NIFTY

orca apple store
+91

Already a User? ClickLogin

Download Orca

orca play storeorca apple store

Upcoming Webinars

Trade Smarter with Orca - Live Demo

Trade Smarter with Orca - Live Demo

Free

Tamil

3:00PM

Price Action Theories with Indicators

Price Action Theories with Indicators

Free

Telugu

5:00PM

Trade Smarter with Orca - Live Demo

Trade Smarter with Orca - Live Demo

Free

Tamil

12:00PM

Trade Smarter with Orca - Live Demo

Trade Smarter with Orca - Live Demo

Free

Malayalam

5:00PM

Send all media enquiries to

digitalmarketing@enrichmoney.in